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Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?
Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?Bitcoin's price has taken another significant tumble, dropping below $54,000, marking a decline of over 4%. The second-largest cryptocurrency, Ethereum, saw an even steeper fall, exceeding 6%
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Recession or Top-Down Correction? Macro Data Analysis of the Crypto Market
Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies
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Upside Down in Bitcoin Price on September 4: New Low Record
Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%
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Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward Trend
Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading
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BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band Resistance
BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band ResistanceYesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%
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Dogecoin Price and Lunar Cycles: A Hidden Correlation?
Dogecoin Price and Lunar Cycles: A Hidden Correlation?The price fluctuations of Dogecoin (DOGE) may be more than just market noise. A recent analysis has uncovered a compelling link between Dogecoins behavior and lunar cycles
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Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
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Ethereum's "Winter": Can the Flames Reignite Amidst Doubts?
Ethereum's "Winter": Can the Flames Reignite Amidst Doubts?Ethereum has recently become a focal point of various discussions and controversies, prompting even its founder, Vitalik Buterin, to publicly address concerns and the Ethereum Foundation to issue statements in response to community anxieties. This isn't baseless; Ethereum's underperformance during the current bull market has raised doubts about its position as the "King of Blockchain
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ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of Reversal
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of ReversalAccording to Odaily Planet Daily, on-chain analyst Ali shared Glassnode data on X, revealing that Ethereum's MVRV (Market Value to Realized Value) Momentum indicator remains in a downward trend, with no signs of a reversal yet. This suggests that Ethereum's price may continue to decline
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From Internet Meme to Crypto Superstar: The Dogecoin Saga
From Internet Meme to Crypto Superstar: The Dogecoin SagaIn the world of cryptocurrencies, Dogecoin is undoubtedly one of the most legendary. It started as a joke but has evolved into a multi-billion dollar market phenomenon
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Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk Remains
Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk RemainsBitcoin:The 4H chart for Bitcoin shows that the price has broken below the lower boundary of the range as expected, and there are no signs of a rebound yet. Yesterday we mentioned that the supply within the current range is biased towards selling, so it's highly likely that the price will break below the bottom of the range
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Interest Rate Cuts Are a Done Deal, Crypto Market Poised for a Bull Run, Will Institutional Accumulation Spark a New Bull Market?
Interest Rate Cuts Are a Done Deal, Crypto Market Poised for a Bull Run, Will Institutional Accumulation Spark a New Bull Market?Interest rate cuts are basically a done deal. While this is long-term bullish, it's not a short-term catalyst for immediate price surges